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Commission Implementing Regulation (EU) 2025/216 of 6 February 2025 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 31 December 2024 until 30 March 2025 in accordance with Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance

Type Implementing Regulation
Publication 2025-02-07
State In force
Text As published
Department European Commission, FISMA
Source EUR-Lex
articles 2

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

Reform history JSON API
Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 38 50 56 77 190 301 3 214
2 38 50 57 77 190 343 2 410
3 38 51 59 82 185 360 1 828
4 38 51 61 85 183 361 1 417
5 38 53 64 87 182 353 1 124
6 39 54 65 89 181 340 912
7 40 56 67 90 181 325 754
8 39 56 67 92 180 308 634
9 39 57 68 94 179 291 539
10 39 57 69 95 179 274 464
11 38 57 69 95 178 269 403
12 38 56 68 95 177 269 352
13 37 56 68 94 177 268 310
14 37 55 67 94 176 268 274
15 36 55 67 93 176 267 267
16 36 54 66 92 175 267 267
17 35 54 66 92 175 266 266
18 35 53 65 92 174 266 266
19 35 53 65 91 174 265 265
20 34 53 65 91 174 265 265
21 34 53 65 91 174 265 265
22 34 52 64 90 173 264 264
23 33 51 64 90 172 264 264
24 32 51 63 89 172 263 263
25 32 50 64 88 171 262 262
26 31 49 66 88 170 262 262
27 30 49 69 87 170 261 261
28 29 48 71 86 169 260 260
29 29 47 74 85 168 259 259
30 28 46 76 85 167 259 259

3.14.   Baht

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 10 22 29 49 162 292 3 107
2 14 26 32 53 165 333 2 331
3 16 29 38 60 164 349 1 769
4 19 33 43 67 164 350 1 371
5 21 36 47 70 166 343 1 089
6 21 37 48 72 164 331 884
7 26 43 53 77 167 316 731
8 26 43 53 78 166 300 614
9 27 44 56 82 167 283 523
10 28 47 59 85 168 267 450
11 30 48 60 86 169 261 390
12 31 49 61 87 170 261 342
13 31 49 62 88 170 262 301
14 31 50 62 88 171 262 266
15 32 50 62 88 171 262 262
16 31 50 62 88 171 262 262
17 32 50 62 88 171 262 262
18 31 50 62 88 171 262 262
19 31 49 62 88 170 262 262
20 31 50 62 88 171 262 262
21 31 50 62 88 171 262 262
22 31 49 61 88 170 262 262
23 31 49 61 87 170 261 261
24 30 49 61 87 170 261 261
25 30 48 62 87 169 261 261
26 29 48 65 86 169 260 260
27 29 47 67 86 168 260 260
28 28 47 70 85 168 259 259
29 28 46 72 85 167 259 259
30 27 46 74 84 167 258 258

3.15.   Canadian dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 14 26 32 53 166 295 3 149
2 15 27 33 54 166 337 2 362
3 15 28 36 59 163 353 1 792
4 16 29 39 63 161 354 1 389
5 17 31 42 65 161 347 1 102
6 18 34 44 68 161 334 894
7 19 36 46 70 161 319 739
8 20 37 48 72 160 303 621
9 20 38 49 75 160 286 529
10 21 39 51 77 161 269 455
11 21 39 51 78 161 253 395
12 21 40 52 78 161 252 345
13 21 40 52 78 161 252 304
14 21 40 52 78 161 252 269
15 21 40 52 78 161 252 252
16 21 39 52 78 160 252 252
17 21 40 52 78 161 252 252
18 21 40 52 78 161 252 252
19 21 40 52 78 161 252 252
20 21 40 52 78 161 252 252
21 21 40 53 78 161 252 252
22 21 39 56 78 160 252 252
23 20 39 58 77 160 251 251
24 20 38 61 77 159 251 251
25 19 38 62 76 159 250 250
26 19 37 65 76 158 250 250
27 19 37 67 75 158 249 249
28 18 37 70 75 158 249 249
29 18 36 72 74 157 248 248
30 17 36 75 74 157 248 248

3.16.   Chilean peso

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 48 60 66 87 200 303 3 241
2 50 62 68 89 201 349 2 449
3 52 65 73 96 199 367 1 865
4 53 67 77 101 198 369 1 448
5 55 69 81 104 199 361 1 150
6 57 72 83 107 200 348 933
7 58 75 85 109 200 333 771
8 59 76 86 111 199 315 647
9 59 77 88 114 199 298 550
10 59 77 89 116 199 291 473
11 59 78 90 116 199 290 410
12 59 77 89 116 198 290 359
13 58 77 89 115 198 289 316
14 58 76 88 114 197 288 288
15 57 75 87 114 196 288 288
16 56 75 87 113 196 287 287
17 56 74 86 112 195 286 286
18 55 73 86 112 194 286 286
19 55 73 85 111 194 285 285
20 54 72 84 111 193 285 285
21 53 72 84 110 193 284 284
22 53 71 83 109 192 283 283
23 52 70 82 108 191 282 282
24 51 69 81 108 190 282 282
25 50 68 80 107 189 281 281
26 49 67 79 106 188 280 280
27 48 66 79 105 187 279 279
28 47 66 78 104 187 278 278
29 46 65 77 103 186 277 277
30 45 64 77 102 185 276 276

3.17.   Colombian peso

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 79 91 98 118 231 324 3 438
2 85 97 104 124 237 370 2 612
3 87 100 108 131 235 391 1 997
4 88 102 112 135 233 394 1 555
5 91 106 117 140 235 388 1 239
6 94 110 120 144 237 375 1 007
7 96 113 123 147 237 359 834
8 98 115 126 151 239 342 702
9 99 117 128 154 240 331 598
10 100 118 130 156 240 331 515
11 100 118 131 157 240 331 447
12 100 118 130 156 239 330 391
13 98 117 129 155 238 329 344
14 97 116 128 154 237 328 328
15 96 114 126 152 235 327 327
16 94 113 125 151 234 325 325
17 93 111 123 150 232 324 324
18 92 110 122 148 231 322 322
19 90 109 121 147 230 321 321
20 89 107 119 146 228 320 320
21 87 106 118 144 227 318 318
22 86 104 116 142 225 316 316
23 84 102 114 141 223 315 315
24 82 101 113 139 222 313 313
25 80 99 111 137 220 311 311
26 79 97 109 135 218 309 309
27 77 95 107 134 216 308 308
28 75 94 106 132 215 306 306
29 73 92 104 130 213 304 304
30 72 90 102 129 211 303 303

3.18.   Hong Kong dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 8 20 27 47 160 299 3 187
2 10 23 29 49 162 341 2 391
3 12 25 33 56 160 357 1 813
4 14 28 38 61 159 358 1 405
5 16 30 42 65 160 350 1 114
6 18 33 44 68 160 337 903
7 19 36 46 70 161 322 746
8 20 37 48 72 161 305 627
9 20 38 49 75 160 288 533
10 20 39 51 77 160 271 458
11 21 39 51 77 160 255 398
12 20 39 51 77 160 251 348
13 20 38 51 77 159 251 306
14 20 38 50 76 159 250 271
15 19 37 49 76 158 250 250
16 18 37 49 75 158 249 249
17 18 37 49 75 158 249 249
18 18 36 48 75 157 249 249
19 18 36 49 75 157 249 249
20 18 37 52 75 158 249 249
21 18 37 53 75 158 249 249
22 18 37 56 75 158 249 249
23 18 37 59 75 158 249 249
24 18 36 61 75 157 249 249
25 18 36 64 75 157 249 249
26 18 36 66 74 157 248 248
27 18 36 69 74 157 248 248
28 17 36 71 74 157 248 248
29 17 35 73 74 156 248 248
30 17 35 76 74 156 248 248

3.19.   Indian rupee

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 88 100 106 127 240 333 3 336
2 89 101 108 128 241 355 2 501
3 90 103 111 134 237 372 1 898
4 91 104 114 138 236 373 1 471
5 92 106 117 140 236 365 1 166
6 93 109 119 143 236 352 945
7 94 111 121 145 235 336 781
8 94 112 122 147 235 327 655
9 94 112 123 149 235 326 557
10 93 111 124 150 233 325 479
11 92 111 123 149 232 323 415
12 91 109 121 148 230 322 363
13 89 108 120 146 229 320 320
14 88 106 118 144 227 318 318
15 86 104 117 143 225 317 317
16 84 103 115 141 224 315 315
17 83 101 113 140 222 314 314
18 82 100 112 138 221 312 312
19 81 99 111 137 220 311 311
20 80 98 110 136 219 310 310
21 79 97 109 135 218 309 309
22 77 96 108 134 217 308 308
23 76 95 107 133 216 307 307
24 75 93 106 132 214 306 306
25 74 92 104 131 213 305 305
26 73 91 103 129 212 303 303
27 72 90 102 128 211 302 302
28 70 89 101 127 210 301 301
29 69 88 100 126 209 300 300
30 68 87 99 125 208 299 299

3.20.   Mexican peso

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 290 302 308 329 442 535 3 504
2 86 98 104 125 237 371 2 629
3 87 100 108 131 235 389 1 996
4 89 102 112 136 234 391 1 547
5 90 105 116 139 235 383 1 227
6 92 108 119 143 235 369 995
7 94 111 121 145 235 352 822
8 95 112 123 148 236 335 690
9 96 114 125 151 236 328 587
10 96 114 126 152 236 328 505
11 96 115 127 153 236 327 438
12 97 115 127 153 236 327 382
13 97 115 127 154 236 328 336
14 97 116 128 154 237 328 328
15 98 116 128 154 237 328 328
16 98 117 129 155 238 329 329
17 99 117 130 156 238 330 330
18 100 118 130 157 239 331 331
19 100 119 131 157 240 331 331
20 101 119 131 157 240 331 331
21 101 119 131 157 240 331 331
22 100 118 130 157 239 331 331
23 99 118 130 156 239 330 330
24 98 117 129 155 238 329 329
25 97 115 127 154 236 328 328
26 96 114 126 152 235 326 326
27 94 113 125 151 234 325 325
28 93 111 123 149 232 323 323
29 91 110 122 148 231 322 322
30 90 108 120 146 229 320 320

3.21.   New Taiwan dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 4 11 31 144 288 3 062
2 0 4 11 31 144 329 2 301
3 1 5 13 36 140 346 1 748
4 1 6 15 39 137 347 1 355
5 1 7 18 41 136 339 1 076
6 2 9 20 43 136 327 873
7 2 11 21 45 135 312 722
8 2 11 22 46 134 296 606
9 4 11 24 48 134 280 516
10 4 11 27 49 133 263 444
11 4 12 29 50 133 247 385
12 4 12 31 50 133 232 337
13 5 12 34 51 133 225 297
14 5 12 36 51 133 225 263
15 6 13 38 51 134 225 234
16 6 13 41 51 134 226 226
17 6 15 43 52 135 226 226
18 6 15 45 53 135 227 227
19 7 17 48 53 136 228 228
20 7 17 50 54 137 228 228
21 8 18 52 56 138 229 229
22 9 19 55 57 139 230 230
23 9 20 57 59 139 230 230
24 9 21 60 62 140 231 231
25 10 22 62 64 140 231 231
26 10 22 65 66 140 232 232
27 10 24 66 67 141 232 232
28 11 24 69 69 141 232 232
29 11 26 71 71 141 232 232
30 11 26 74 72 141 233 233

3.22.   New Zealand dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 45 57 63 84 196 298 3 181
2 45 57 64 84 197 340 2 384
3 45 58 66 89 193 356 1 809
4 45 58 68 92 190 358 1 403
5 45 60 71 94 189 350 1 114
6 46 62 73 96 189 338 904
7 47 63 73 97 188 323 748
8 46 64 74 99 187 306 629
9 46 64 75 101 187 289 535
10 46 64 76 102 186 277 461
11 45 63 75 102 184 276 400
12 44 62 74 101 183 275 350
13 43 61 73 99 182 273 308
14 41 60 72 98 181 272 273
15 40 59 71 97 180 271 271
16 39 58 70 96 179 270 270
17 38 57 69 95 178 269 269
18 38 56 68 94 177 268 268
19 37 55 68 94 176 268 268
20 37 55 67 93 176 267 267
21 36 55 67 93 176 267 267
22 36 54 66 92 175 266 266
23 35 53 66 92 174 266 266
24 34 53 65 91 174 265 265
25 34 52 64 90 173 264 264
26 33 51 66 90 172 264 264
27 32 51 69 89 172 263 263
28 32 50 71 88 171 262 262
29 31 49 74 88 170 262 262
30 30 49 76 87 170 261 261

3.23.   Rand

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 107 119 126 146 259 352 3 375
2 109 121 127 148 260 360 2 537
3 110 123 132 154 258 377 1 927
4 112 126 136 160 257 379 1 496
5 114 129 140 163 258 372 1 189
6 117 132 143 167 259 360 967
7 119 135 146 169 260 351 801
8 119 137 147 172 260 352 674
9 120 138 149 175 260 352 575
10 120 138 150 177 260 352 495
11 120 138 150 177 260 351 431
12 119 138 150 176 259 350 377
13 118 136 149 175 257 349 349
14 117 135 147 173 256 347 347
15 115 134 146 172 255 346 346
16 113 132 144 170 253 344 344
17 112 130 142 168 251 342 342
18 110 128 140 166 249 341 341
19 108 126 138 165 247 339 339
20 106 125 137 163 246 337 337
21 105 123 135 161 244 335 335
22 103 121 133 160 242 334 334
23 101 119 132 158 240 332 332
24 99 118 130 156 239 330 330
25 97 116 128 154 237 328 328
26 95 114 126 152 235 326 326
27 94 112 124 150 233 324 324
28 92 110 122 149 231 323 323
29 90 108 121 147 229 321 321
30 88 107 119 145 228 319 319

3.24.   Real

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 160 172 179 199 312 405 3 790
2 168 180 187 207 320 413 2 876
3 173 186 194 217 320 423 2 186
4 175 189 199 223 320 424 1 692
5 177 191 202 225 321 415 1 339
6 178 193 204 228 320 412 1 083
7 178 195 205 229 320 411 892
8 178 195 206 230 319 410 747
9 177 195 206 232 318 409 634
10 177 195 207 233 317 408 544
11 176 194 206 232 315 407 470
12 174 192 204 230 313 404 410
13 171 190 202 228 311 402 402
14 168 187 199 225 308 399 399
15 166 184 196 222 305 396 396
16 163 181 193 219 302 393 393
17 160 178 190 217 299 391 391
18 157 175 188 214 296 388 388
19 154 173 185 211 294 385 385
20 151 170 182 208 291 382 382
21 148 167 179 205 288 379 379
22 145 164 176 202 285 376 376
23 142 161 173 199 282 373 373
24 139 158 170 196 279 370 370
25 136 155 167 193 276 367 367
26 133 152 164 190 273 364 364
27 130 149 161 187 270 361 361
28 128 146 158 184 267 358 358
29 125 143 155 182 264 356 356
30 122 141 153 179 262 353 353

3.25.   Renminbi-yuan

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 24 36 42 63 175 288 3 070
2 25 37 43 64 177 330 2 304
3 25 38 46 69 173 345 1 748
4 26 39 49 73 171 346 1 355
5 26 41 52 75 171 339 1 075
6 27 43 54 78 170 327 872
7 28 45 55 79 170 312 721
8 28 45 56 81 169 296 606
9 28 45 57 82 168 279 516
10 27 46 58 84 167 263 444
11 27 46 58 84 167 258 385
12 27 45 57 84 166 258 337
13 27 45 57 83 166 257 297
14 26 45 57 83 166 257 263
15 26 45 57 83 166 257 257
16 26 45 57 83 166 257 257
17 26 45 57 83 166 257 257
18 27 45 57 83 166 257 257
19 27 45 57 83 166 257 257
20 27 45 57 84 166 258 258
21 27 45 58 84 166 258 258
22 27 45 57 84 166 258 258
23 27 45 57 84 166 258 258
24 27 45 60 83 166 257 257
25 26 45 62 83 166 257 257
26 26 45 65 83 166 257 257
27 26 44 67 83 165 257 257
28 26 44 70 82 165 256 256
29 25 44 72 82 165 256 256
30 25 43 74 82 164 256 256

3.26.   Ringgit

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 23 35 42 62 175 296 3 156
2 25 37 44 64 177 339 2 374
3 27 40 48 71 174 356 1 804
4 28 42 52 76 174 357 1 400
5 30 45 56 79 175 350 1 111
6 32 48 59 83 175 337 902
7 34 51 61 85 175 322 746
8 35 52 63 87 176 305 626
9 35 53 64 90 176 288 533
10 36 54 66 93 176 272 458
11 37 55 67 94 177 268 398
12 37 56 68 94 177 268 348
13 37 56 68 94 177 268 306
14 37 56 68 94 177 268 271
15 37 56 68 94 177 268 268
16 37 56 68 94 177 268 268
17 38 56 68 94 177 268 268
18 38 56 68 94 177 268 268
19 38 56 68 95 177 269 269
20 38 57 69 95 178 269 269
21 38 57 69 95 178 269 269
22 38 57 69 95 178 269 269
23 38 56 69 95 177 269 269
24 38 56 68 94 177 268 268
25 37 56 68 94 177 268 268
26 37 55 67 93 176 267 267
27 36 55 69 93 176 267 267
28 36 54 71 92 175 266 266
29 35 53 73 92 174 266 266
30 34 53 76 91 174 265 265

3.27.   Singapore dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 9 16 36 149 294 3 138
2 0 11 17 38 150 337 2 356
3 1 13 21 44 147 353 1 789
4 1 15 25 49 146 354 1 387
5 3 18 29 52 147 346 1 100
6 5 20 31 55 147 334 893
7 7 23 34 57 148 319 738
8 7 24 35 60 148 302 620
9 7 25 36 62 148 285 527
10 7 26 38 64 147 268 453
11 8 26 38 64 147 252 393
12 7 26 38 64 147 238 344
13 7 26 38 64 147 238 303
14 7 25 37 64 146 238 268
15 7 25 39 64 146 238 238
16 7 25 41 63 146 237 237
17 7 25 44 63 146 237 237
18 7 25 46 63 146 238 238
19 7 25 49 64 146 238 238
20 8 26 51 64 147 238 238
21 8 26 53 65 147 239 239
22 9 26 56 65 148 239 239
23 9 27 58 65 148 239 239
24 9 27 60 65 148 239 239
25 10 27 62 65 148 239 239
26 10 27 65 66 148 239 239
27 10 27 67 68 148 239 239
28 11 27 70 70 148 239 239
29 11 27 72 72 148 239 239
30 12 27 75 74 148 239 239

3.28.   South Korean won

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 28 40 47 67 180 294 3 134
2 29 41 48 68 181 336 2 351
3 28 41 49 72 176 352 1 784
4 28 41 51 75 173 353 1 382
5 28 42 53 76 172 345 1 097
6 30 46 57 80 173 333 889
7 29 45 55 79 170 317 735
8 32 49 59 84 172 301 617
9 31 49 60 86 171 284 525
10 27 45 57 83 167 267 452
11 23 42 54 80 163 254 392
12 20 39 51 77 160 251 342
13 18 37 49 75 158 249 301
14 17 35 47 73 156 247 266
15 15 34 46 72 155 246 246
16 14 32 45 71 153 245 245
17 13 32 44 70 153 244 244
18 13 31 46 69 152 244 244
19 12 31 48 69 152 243 243
20 12 31 51 69 152 243 243
21 12 31 53 69 152 243 243
22 12 31 56 69 152 243 243
23 12 31 57 69 152 243 243
24 12 31 60 69 152 243 243
25 12 30 62 69 151 243 243
26 12 30 65 69 151 243 243
27 12 30 67 68 151 243 243
28 12 30 70 70 151 242 242
29 11 30 72 72 151 242 242
30 11 30 74 74 151 242 242

3.29.   Turkish lira

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 228 240 247 267 380 480 5 377
2 221 233 240 260 373 533 3 962
3 214 227 235 258 361 544 2 935
4 207 221 231 255 353 532 2 219
5 202 217 228 251 346 511 1 722
6 198 213 224 248 340 484 1 370
7 194 211 221 245 335 456 1 113
8 190 207 217 242 330 427 920
9 185 203 214 240 326 417 773
10 181 199 211 238 321 413 657
11 177 196 208 234 317 408 564
12 173 191 204 230 313 404 488
13 169 187 199 226 308 400 426
14 165 183 195 222 304 396 396
15 161 179 191 218 300 392 392
16 157 176 188 214 297 388 388
17 154 172 184 211 293 385 385
18 151 169 181 207 290 381 381
19 147 166 178 204 287 378 378
20 144 163 175 201 284 375 375
21 141 160 172 198 281 372 372
22 138 156 168 195 277 369 369
23 135 153 165 192 274 366 366
24 132 150 162 189 271 363 363
25 129 147 159 186 268 360 360
26 126 144 157 183 265 357 357
27 123 142 154 180 263 354 354
28 121 139 151 177 260 351 351
29 118 136 149 175 257 349 349
30 116 134 146 172 255 346 346

3.30.   US dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 14 25 49 165 301 3 215
2 0 14 25 49 165 344 2 414
3 1 17 28 54 162 360 1 832
4 2 20 31 59 160 361 1 419
5 3 23 36 65 161 353 1 126
6 6 27 39 67 162 341 913
7 8 31 42 70 162 325 754
8 11 35 46 74 162 308 633
9 13 38 50 76 162 291 539
10 14 40 51 77 162 274 463
11 15 41 53 78 162 257 402
12 16 42 54 79 162 253 351
13 17 44 55 80 162 253 309
14 17 44 55 80 162 253 274
15 18 45 56 80 162 253 253
16 18 45 56 80 161 253 253
17 18 45 56 80 162 253 253
18 18 45 56 80 162 253 253
19 18 45 56 80 162 253 253
20 18 45 56 80 162 253 253
21 18 45 56 80 162 253 253
22 18 45 57 80 162 253 253
23 18 45 59 80 162 253 253
24 18 45 61 80 162 253 253
25 18 45 64 80 161 253 253
26 18 45 66 80 161 252 252
27 18 45 69 80 161 252 252
28 18 45 71 80 160 252 252
29 18 45 73 80 160 251 251
30 18 45 76 80 160 251 251

3.31.   Yen

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 0 4 11 124 285 3 031
2 0 1 6 13 123 327 2 279
3 1 1 8 15 118 342 1 730
4 1 3 11 18 115 344 1 342
5 1 4 13 20 115 336 1 065
6 2 4 16 23 114 324 864
7 2 5 19 26 114 309 715
8 2 7 21 28 114 293 601
9 4 7 24 30 114 277 511
10 4 9 27 32 114 261 440
11 4 9 28 35 114 245 382
12 4 10 31 37 114 230 334
13 5 11 34 39 115 216 294
14 5 12 35 41 115 206 261
15 6 13 38 43 115 207 232
16 6 13 41 46 116 207 208
17 6 15 42 48 116 207 207
18 6 15 45 49 118 208 208
19 7 17 48 52 119 208 208
20 7 17 50 53 122 209 209
21 8 18 52 56 123 209 209
22 9 19 55 57 126 210 210
23 9 20 57 59 127 210 210
24 9 20 60 61 128 210 210
25 10 22 61 64 130 210 210
26 10 22 64 65 131 210 210
27 10 24 66 67 133 210 210
28 11 24 68 69 134 210 210
29 11 26 71 70 135 210 210
30 11 26 73 72 136 210 210

ANNEX III

Volatility adjustment to the relevant risk-free interest rate term structure

Currency National insurance market Volatility adjustment (in bps)
Euro Austria 23
Euro Belgium 23
Euro Croatia 23
Euro Cyprus 23
Euro Estonia 23
Euro Finland 23
Euro France 23
Euro Germany 23
Euro Greece 23
Euro Ireland 23
Euro Italy 23
Euro Latvia 23
Euro Lithuania 23
Euro Luxembourg 23
Euro Malta 23
Euro Netherlands 23
Euro Portugal 23
Euro Slovakia 23
Euro Slovenia 23
Euro Spain 23
Czech koruna Czechia 16
Danish krone Denmark 17
Forint Hungary 8
Krona Sweden 6
Lev Bulgaria 16
Pound sterling United Kingdom 15
Romanian leu Romania 5
Zloty Poland 16
Króna Iceland 47
Norwegian krone Norway 46
Swiss franc Liechtenstein –3
Swiss franc Switzerland –3
Australian dollar Australia 25
Canadian dollar Canada 26
Renminbi-yuan China 3
Hong Kong dollar Hong Kong 5
US dollar United States 37
Yen Japan 6

ELI: http://data.europa.eu/eli/reg_impl/2025/216/oj

ISSN 1977-0677 (electronic edition)

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